Rising interest rates, persistent inflation rates, supply chain disruptions, and the aftermath of the pandemic have ushered in a period of economic uncertainty. Prognosticators and pundits have been quick to predict an impending recession, yet as of Q3 of 2022, consumer demand and employment figures remain strong. Every responsible financial leader knows it’s time to prepare for a downturn, but how best to be prepared for the unique combination of forces in today’s market? And how can organizations ensure maximum financial flexibility so they can seize on emerging market opportunities?
This report details seven ways CFOs and financial leaders can prepare for an array of possible outcomes, ranging from soft landing to severe recession, and advises leaders on documenting specific trigger points and proactive action plans for a range of scenarios. These steps will give business and financial leaders maximum flexibility to seize on emerging market opportunities. The report also provides recommendations related to people and cultural changes, technology implementation, and deployment best practices.